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TheStreet Open House

TBS International Plc Q2 2010 Earnings Call Transcript

TBS International plc. (TBSI)

Q2 2010 Earnings Call

August 06, 2010 8:30 a.m. ET

Executives

Fred Lepere - SVP & CFO

Joseph Royce - President & CEO

Analysts

Ben Nolan - Jefferies

Will Nasgovitz - Heartland Fund

Presentation

Operator

Thank you for standing by ladies and gentlemen and welcome to the TBS International Second Quarter and six months ended June 30th 2010 Earnings Conference Call. We have with us Mr. Joseph E. Royce; Chairman, President and CEO and Mr. Fred Lepere, Senior Executive Vice President and Chief Financial Officer of the company. (Operator Instructions). The conference call will also be webcast live, audio and slide show on the Company's website at www.tbsship.com, by clicking on the webcast banner. I must advice you that this conference is being recorded today, Friday August 6th, 2010.

We will now pass the floor to one of your speakers today, Mr. Fred Lepere. Please go ahead Mr. Lepere.

Fred Lepere

Good morning and thank you for joining TBS Interrelations quarterly conference call. The purpose of today's call is to discus the results of TBS's second quarter and six months ended June 30th, 2010.

This morning we issued a press release before the market opened in New York, with financial and operational information for the second quarter and six months ended June 30th, 2010. If you have not received this release, you may log on to our website at www.tbsship.com and navigate to the investor relations page or you can call Capital Inc at area code 212-661-7566. We will also post the transcript of this call on our website once it's been prepared.

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